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Nov 29, 2012
11/12
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>> you know, we use the volatility, the fiscal cliff to buy great businesses that are on sale. you know, the fact remains that the stocks are extremely underowned like i've never seen. i saw the other day, in 2006 pensions and endowments had about 60% of their enveinvestme in equities. that's down to under 35% in most cases. you also had four years of the much yul fund li mutual fund liquidations. i don't think the market is at great risk here. stay with domestic companies. stay with companies that have real high barriers of entry that are kpacheap. if you get caught up in the day to day news flow, you can get whipped in and out. the fiscal cliff will be resolved, whether it's two weeks or a month and a half. the market will move around, but long term it looks good. >> the question s how will it be resolved? jeff cox, already we are seeing a movement on the part of investors to say, if i'm sitting on a position where i've made money, i'm going to sell now given the fact i've been taxed at a 15% capital gains tax versus 20, 25, 30, who the heck knows in 2013. so why would i want
>> you know, we use the volatility, the fiscal cliff to buy great businesses that are on sale. you know, the fact remains that the stocks are extremely underowned like i've never seen. i saw the other day, in 2006 pensions and endowments had about 60% of their enveinvestme in equities. that's down to under 35% in most cases. you also had four years of the much yul fund li mutual fund liquidations. i don't think the market is at great risk here. stay with domestic companies. stay with...
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Dec 7, 2012
12/12
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so you have the fiscal cliff, and the business confidence is at an all-time low. consumer confidence is at a 4 1/2 year high. germany's stock market is up 25% this year, both in dollars and euros. the u.s. dollar and the euro are about the same. basically, you want to watch the ten-year treasury interest rate. it's been going down this week. you always show that at the end of the week. gold has basically been very quiet. you're waiting for the dough here. you're looking for the market to give you a sense of where the economy is going. >> we're waiting for green lights. do you feel when all is said and done, no matter how much we talk about, you know, how the end of the world would arrive if we went over the fiscal cliff, people in the market basically his surely they can't be that done. they're assuming it's going to get done. >> i think the markets are saying -- it's balanced 50/50. my personal opinion is it's a higher chance it won't happen. just as bill clinton managed to pin the blame for the government shutdown on newt gingrich and put the republicans in retr
so you have the fiscal cliff, and the business confidence is at an all-time low. consumer confidence is at a 4 1/2 year high. germany's stock market is up 25% this year, both in dollars and euros. the u.s. dollar and the euro are about the same. basically, you want to watch the ten-year treasury interest rate. it's been going down this week. you always show that at the end of the week. gold has basically been very quiet. you're waiting for the dough here. you're looking for the market to give...
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Dec 4, 2012
12/12
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i want to talk to you about business, but how you preparing for the cliff? >> well, there's no way one can be preparing. you have to be think about uncertainty as you make your investment decision. in terms of fiscal policy, obviously there's a great goal between the republicans and the democrats. at least there's a bit of talk on the table now. hopefully that can start to narrow. we're certainly still living in uncertain times. we're cognizant of that as we inves invest. >> as a small business owner, how would you characterize business right now? your jewelry line, small business activities pmplg. >> i've had the good fortune of creating a fashion brand. i have jewelry, shoes, handbags, et cetera. i found a niche within the market hthat's looking for affordable price points. it's really been resonating very well. >> sounds like you're on style, actually. ivanka, good to have you on the program. we look forward to you ringing the bell and lighting the christmas tree out here. we'll see you soon. over to you, bill. >> all right. thank you very much. thanks to
i want to talk to you about business, but how you preparing for the cliff? >> well, there's no way one can be preparing. you have to be think about uncertainty as you make your investment decision. in terms of fiscal policy, obviously there's a great goal between the republicans and the democrats. at least there's a bit of talk on the table now. hopefully that can start to narrow. we're certainly still living in uncertain times. we're cognizant of that as we inves invest. >> as a...
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Sep 11, 2012
09/12
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how is the looming fiscal cliff impacting business? we'll talk to the boss. he'll join me at 4:10 p.m. eastern on "closing bell." is now within your grasp with the e-trade 360 investing dashboard. e-trade 360 is the world's first investing homepage that shows you where all your investments are and what they're doing with free streaming quotes, news, analysis and even your trade ticket. everything exactly the way you want it, all on one page. transform your investing with the e-trade 360 investing dashboard. wouldn't it be nice if there was an easier, less-expensive option than using a traditional lawyer? well, legalzoom came up with a better way. we took the best of the old and combined it with modern technology. together you get quality services on your terms, with total customer support. legalzoom documents have been accepted in all 50 states, and they're backed by a 100% satisfaction guarantee. so go to legalzoom.com today and see for yourself. it's law that just makes sense. oh, hey alex. just picking up some, brochures, posters copies of my acceptance sp
how is the looming fiscal cliff impacting business? we'll talk to the boss. he'll join me at 4:10 p.m. eastern on "closing bell." is now within your grasp with the e-trade 360 investing dashboard. e-trade 360 is the world's first investing homepage that shows you where all your investments are and what they're doing with free streaming quotes, news, analysis and even your trade ticket. everything exactly the way you want it, all on one page. transform your investing with the e-trade...
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Dec 21, 2012
12/12
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into the fiscal cliff with patches, patches, patches. >> it's a perfect business model, right? >> thanks for watching. happy holidays, everybody. >> see you on monday. >>> hi, everybody. happy friday to you. welcome to the closing bell. ten days and counting. how many? >> ten days and counting, not till christmas, but until we go over the fiscal cliff. we're not closer to a deal in washington today. you can tell from the sell-off, investors do not like it. >> no, posting their largest decline since november 14th, in case you were wondering. although we are off the lows of the session right now. the dow was down 189 two hours into the trading session. we've come off those lows. but at this point, the dow is down 1% for the week and we are down 1% today at 13,173. nasdaq lower, as well. let's see how many percentage points we're down right now. down 1.25%. the technology sector is taking a bigger hit today. down to 3,012 on the nasdaq and the s&p 500 index is down 1% at 1428. . >> house speaker john boehner says he's still open to a offer from the democrats. >> it was a dramatic
into the fiscal cliff with patches, patches, patches. >> it's a perfect business model, right? >> thanks for watching. happy holidays, everybody. >> see you on monday. >>> hi, everybody. happy friday to you. welcome to the closing bell. ten days and counting. how many? >> ten days and counting, not till christmas, but until we go over the fiscal cliff. we're not closer to a deal in washington today. you can tell from the sell-off, investors do not like it....
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Nov 7, 2012
11/12
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there's an alternative to going over the fiscal cliff. in whole or in part. it involves making real changes to the financial structure of entitlement programs and reforming our tax code to curb special interest loopholes and deductions. by working together and creating a fair, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. because the american people expect us to find common ground, we're willing to accept some additional revenues via tax reform. there's a model for tax reform that supports economic growth. it happened in 1986 with a democrat house run by tip o'neill and a republican president named ronald reagan. in 1986, there, too, were skeptics who doubted the economic benefits of tax reform. those skeptics were wrong. a stanford economist and former treasury secretary put it, the 1986 reform is the sort of unsung hero of the very good economic times we've had for a long time. the time has come again to revamp the tax code. if we do, reargues, we'l
there's an alternative to going over the fiscal cliff. in whole or in part. it involves making real changes to the financial structure of entitlement programs and reforming our tax code to curb special interest loopholes and deductions. by working together and creating a fair, simpler, cleaner tax code, we can give our country a stronger, healthier economy. a stronger economy means more revenue, which is what the president seeks. because the american people expect us to find common ground,...
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Dec 27, 2012
12/12
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the fiscal cliff is scary and should be scary. another recession. higher unemployment. economic slowdown. tax money taken out of the economy. those are major concerns. we're going to have to react as a business and it could result in cutbacks. the fiscal cliff was meant to be something that nobody wanted to go anywhere near, and here we are about to go off it. we really need our elected officials to figure this out. come up with a reasonable compromise that keeps our economy growing and gives us some certain about the future so we can make our plans as business leaders. mine was earned off vietnam in 1968. over the south pacific in 1943. i got mine in iraq, 2003. usaa auto insurance is often handed down from generation to generation. because it offers a superior level of protection, and because usaa's commitment to serve the military, veterans and their families is without equal. begin your legacy, get an auto insurance quote. usaa. we know what it means to serve. >>> fiscal cliff fears pushing stocks lower but we're well off those lows right now and news that the house
the fiscal cliff is scary and should be scary. another recession. higher unemployment. economic slowdown. tax money taken out of the economy. those are major concerns. we're going to have to react as a business and it could result in cutbacks. the fiscal cliff was meant to be something that nobody wanted to go anywhere near, and here we are about to go off it. we really need our elected officials to figure this out. come up with a reasonable compromise that keeps our economy growing and gives...
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Nov 16, 2012
11/12
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with the fiscal cliff, without a solution, it takes nearly the entire tax code and puts it on a year to year basis. i would be very weary right now of listening to these hopeful terms that come out. they can solve this thing for this year. but the question is, do we end up back next year with another fiscal cliff situation? >> so it's a chronic problem. >> we have to get off this chronic problem issue. we have to set up a situation where we can get our revenue and spending in line with each other since we don't have huge and long-term deficits. >> rick, are you feeling more hopeful right now? >> listen, to hear ms. pelosi, boehner, all the brass of the house and the senate actually acknowledge that there is a hippopotamus in the room, it was a very positive thing. most of the discussion has been about the 70 or 80 billion and the upper 1%. that's important to some, but let's keep our eye on what simpson and bowles have talked about, the entitlement reform. i think that is optimistic. you can clearly see that the markets thought that as well. if it wasn't for the other bad story, or t
with the fiscal cliff, without a solution, it takes nearly the entire tax code and puts it on a year to year basis. i would be very weary right now of listening to these hopeful terms that come out. they can solve this thing for this year. but the question is, do we end up back next year with another fiscal cliff situation? >> so it's a chronic problem. >> we have to get off this chronic problem issue. we have to set up a situation where we can get our revenue and spending in line...
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Dec 18, 2012
12/12
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cliff and then they can get on with their business and make the plans. >> so much on the shelf right now, on shelf, m & a deals on the shelf, buybacks, dividend increases. that comes off the shelf in 2013, if we have a smooth transition into the new year. >> i agree. >> or not. >> we'll come back here with the closing countdown in a minute. >> and after the bell home depot co-founder ken langone will join me to talk about the fiscal cliff and what it really takes if walmart is really unique in allegedly bribing its way into mexico. more with ken langone, my special co-host next hour. >> you won't get a word in edge-wise next hour, trust me. >> it's going to be great. i always wait until the last minute. can i still ship a gift in time for christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. she also likes to ride her bike. she knows the potential for making or losing money can pop up anytime. that's why she trades with the leader in mobile trading. so she's al
cliff and then they can get on with their business and make the plans. >> so much on the shelf right now, on shelf, m & a deals on the shelf, buybacks, dividend increases. that comes off the shelf in 2013, if we have a smooth transition into the new year. >> i agree. >> or not. >> we'll come back here with the closing countdown in a minute. >> and after the bell home depot co-founder ken langone will join me to talk about the fiscal cliff and what it really...
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Dec 11, 2012
12/12
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. >> goes without saying the clock is ticking towards the fiscal cliff, and today leadership on both sides of the aisle fired shots across the bow attack thing the other for not playing fair. a short time ago it was senate majority leader harry reid who said it would be tough to get a deal done by christmas, and it's not up to the democrats to make the deal on spending cuts. what does this mean in getting a deal done in a timely fashion? >> joining us from the hill congressman xavier becerra and also with us is lynn jenkins, representing kansas and vice chairman of the house republican conference. good to see you both. >> welcome. >> thanks very much for joining us. representative becerra, let me kick this o.are we closer to a deal today than a week ago? what's the holdup? >> a close as we were a week ago because there's an easy solution here and that is accepting what republican congressman tom cole said we could do is pass the senate bipartisan bill that's been sitting in the house for several months. that at least gets us to part way to where it goes and starts us on the way, so w
. >> goes without saying the clock is ticking towards the fiscal cliff, and today leadership on both sides of the aisle fired shots across the bow attack thing the other for not playing fair. a short time ago it was senate majority leader harry reid who said it would be tough to get a deal done by christmas, and it's not up to the democrats to make the deal on spending cuts. what does this mean in getting a deal done in a timely fashion? >> joining us from the hill congressman...
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Dec 26, 2012
12/12
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stick around for our cliff discussion and more video on the fiscal cliff as well. you're watching cnbc, first in business worldwide. what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor righ
stick around for our cliff discussion and more video on the fiscal cliff as well. you're watching cnbc, first in business worldwide. what starts with adding a friend... ♪ ...could end with adding a close friend. the lexus december to remember sales event is on. this is the pursuit of perfection. your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male...
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Dec 3, 2012
12/12
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independent of all this jibber jabber over the fiscal cliff, the economy is in really rough shape now. >> it is. we're seeing businesses cut back, getting ready for the eventuality they see coming, no deal by december 31st this worsening. sam, how do you want to be invested in 2013? where is the growth in the economy coming from, if anywhere? >> i think the growth is coming from an improvement in the housing sector. i think we are starting to see a slowdown in the job loss from the government sector. so, i think we're going to be seeing a better than half speed recovery. so, you do want to be taking a balanced approach. we do favor the consumer discretionary at this point offsetting with health care. >> gentlemen, thank you. more breaking news coming away right now. thanks for your thoughts. appreciate it. >> we have the letter. let's get to eamon javers. >> this is the letter speaker boehner sent to the president of the united states. the language he's choosing is important to understand, as he draes the president. the speaker saying, after a status quo election in which both you and
independent of all this jibber jabber over the fiscal cliff, the economy is in really rough shape now. >> it is. we're seeing businesses cut back, getting ready for the eventuality they see coming, no deal by december 31st this worsening. sam, how do you want to be invested in 2013? where is the growth in the economy coming from, if anywhere? >> i think the growth is coming from an improvement in the housing sector. i think we are starting to see a slowdown in the job loss from the...
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Dec 5, 2012
12/12
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those 40 republicans part of this bipartisan group that would be open to new ideas on the fiscal cliff talks. of the dow, the best performers and worst performers today, the full-ti financials higher led by bank of america. nasdaq, we need to highlight this, was lower, down 20 points today. why? because of apple. apple had one of its worst days. we highlighted this earlier. something very archean called the death cross, the 50-day moving average crossed below the 200-day moving average. what does that mean? just means it could be going lower from here. down 6% on apple today. the yield of the ten-year went lower. as they were buying stocks, they were also buying treasuries today. we were below 1.58 for a time on the ten-year note. finally, watch the vix. the fear indicator continues to move lower today. we've not been above 20. sort of the yellow flag territory since july. ben willis, is this market complacent since the fear indicator does not go higher even when we have fears about the fiscal cliff? >> no, i don't think it's come play september. i think we've actually started the end
those 40 republicans part of this bipartisan group that would be open to new ideas on the fiscal cliff talks. of the dow, the best performers and worst performers today, the full-ti financials higher led by bank of america. nasdaq, we need to highlight this, was lower, down 20 points today. why? because of apple. apple had one of its worst days. we highlighted this earlier. something very archean called the death cross, the 50-day moving average crossed below the 200-day moving average. what...
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Dec 14, 2012
12/12
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worried about so many things out there, including the fiscal cliff? >> that's a great question, maria. apple's stock performance has a lot to do with the fiscal cliff. people are painting their years to try to benchmark against the s&p and re-base their apple which many will request into in q1 at the new higher price for tax reasons. that being said, apple is a luxury product, a luxury product that hasn't fully 100% delivered on the price premium, given the sensitivity in the market and the sensitivity about dysfunction in washington, all things being equal, that's something of a headwind and we should keep in mind, too, part of the bargain hunting has to do with concerns of growth that's been lately better news but pretty marked in the chinese economic landscape for the last several months. >> same question for you, alan. what are you seeing out interest there in terms of real business right now? >> i think we have problems that go far beyond the fiscal cliff, serious as that is. you've got so many americans who have such thoroughly depressed incomes
worried about so many things out there, including the fiscal cliff? >> that's a great question, maria. apple's stock performance has a lot to do with the fiscal cliff. people are painting their years to try to benchmark against the s&p and re-base their apple which many will request into in q1 at the new higher price for tax reasons. that being said, apple is a luxury product, a luxury product that hasn't fully 100% delivered on the price premium, given the sensitivity in the market...
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Nov 28, 2012
11/12
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speaking of business, we have about 30 more minutes of business. >> top ceos set for a fiscal cliff meeting with president obama just over an hour from now. we're going to take you live to the white house next. plus, we'll hear from one democratic lawmaker willing to dive head first off the cliff if that's what it takes to reach what he thinks is a good deal on tax hikes while protecting entitlements. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2
speaking of business, we have about 30 more minutes of business. >> top ceos set for a fiscal cliff meeting with president obama just over an hour from now. we're going to take you live to the white house next. plus, we'll hear from one democratic lawmaker willing to dive head first off the cliff if that's what it takes to reach what he thinks is a good deal on tax hikes while protecting entitlements. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550...
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Dec 24, 2012
12/12
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and it is all caught up in the fiscal cliff story. >> unbelievable. from a business standpoint bb you have to operate your business regardless of what is going on and the fact we have this uncertainty. there is talk ever further consolidation. is that good for travellers or better to get more capacity out of the air? >> i think that more consolidation is good. it'll start to strip out some of the unnecessary capacity. from an industry perspective, what we are looking for is elected leaders and others to understand the importance of air travel. airlines drive flight percentage gdp. we are talking about a policy in 2013. something about rationalization with taxation. you talk about investment and infrastructure. my gosh, infrastructure in the united states on the ground and in the air. by the way, you talk about also being more globally competitive. this is what a national airline policy is all about. regardless of consolidation, that's what we think makes a great deal of sense for 2013. >> when we were in commercial break, i said, wow, that's interesti
and it is all caught up in the fiscal cliff story. >> unbelievable. from a business standpoint bb you have to operate your business regardless of what is going on and the fact we have this uncertainty. there is talk ever further consolidation. is that good for travellers or better to get more capacity out of the air? >> i think that more consolidation is good. it'll start to strip out some of the unnecessary capacity. from an industry perspective, what we are looking for is elected...
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Dec 13, 2012
12/12
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that's the good news. >> the good news is they are not focused on the fiscal cliff the way businesses are, but at some point everything comes home to roost. sentiment is up, spending is up, but are we spending our way into oblivion and then we're going to find out oops? >> i doubt it. >> no, okay. >> i think the fundamentals, the fundamentals for consumer spending is pretty good. gasoline problems is down. jobs growth good enough to keep everything going. let's not forget waves growth which hasn't been playing along. >> hasn't been in a while. >> we'll see you season. gentleman, thank you very much. is it time to raise the eligible age for medicare, after all, a lot of people are living longer than when the program first began in 1966. represent jan schakowsky says no way. she's here next. >>> and john mcafee talks about playing the crazy card but will the company find some criminals stealing millions from u.s. institutions. alpha one capital's dan niles with his top picks for 2013. he saw facebook's mess coming miles away and shorted it at 42, and wait until you hear what he's buying
that's the good news. >> the good news is they are not focused on the fiscal cliff the way businesses are, but at some point everything comes home to roost. sentiment is up, spending is up, but are we spending our way into oblivion and then we're going to find out oops? >> i doubt it. >> no, okay. >> i think the fundamentals, the fundamentals for consumer spending is pretty good. gasoline problems is down. jobs growth good enough to keep everything going. let's not...
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Dec 11, 2012
12/12
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it's a bad strategy for your businesses, and it is not a game that i will play. >> but the fiscal cliff still looms. cnbc has called on lawmakers to rise would have gridlock and reach a deal. now, we're beating down their doors. live from our nation's capital, this is a cnbc special report, "mission critical, rise above d.c." >> well, the stock market riding the ups and doups of the fiscal cliff negotiations. roger altman is former treasury official under president clinton. he says he's optimistic that a deal is coming. the question, of course, is when. joining me from new york is roger altman. always nice to have you on the program. let welcome back. >> hi, how are you? >> you think a chance of getting a deal will increase and harry reid says he's pessimistic that had t will get done before christmas. what do you think? >> the financial markets themselves are becoming more optimistic, and i think that's a strong signal. second, i think the atmospherics, and senator reid's statement is just part of that, are suggesting that there's some movement and some progress, and thirdly, i'm parti
it's a bad strategy for your businesses, and it is not a game that i will play. >> but the fiscal cliff still looms. cnbc has called on lawmakers to rise would have gridlock and reach a deal. now, we're beating down their doors. live from our nation's capital, this is a cnbc special report, "mission critical, rise above d.c." >> well, the stock market riding the ups and doups of the fiscal cliff negotiations. roger altman is former treasury official under president...
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Dec 11, 2012
12/12
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speaspeaker they begin now untie are near the fiscal cliff. mortgage rates three and a quarter percent. buyers have been on the sidelines for five years and anxiously been waiting for better news, more consumer confidence to come back out. we had a great spring selling season. now we are selling into the winter. it all feels good. liz: that doesn't usually happen with this much muscle. are there any log jams, or our would-be buyers getting the credit they need to buy the homes? >> our clients can get mortgages. our buyers tend to put a lot more money down. they mortgage a lot less, very high credit ratings. we are not seeing that problem at all. lower price point a little bit of a problem but it is getting better. liz: when you look at parts of the business that have done well. the analyst has taken a bit of a back seat to the actual lending business creating a cash cow for a lot of you guys. how is that doing and we understand the margins are very healthy for a lot of these names that are out there? >> our service is toll brothers, the only c
speaspeaker they begin now untie are near the fiscal cliff. mortgage rates three and a quarter percent. buyers have been on the sidelines for five years and anxiously been waiting for better news, more consumer confidence to come back out. we had a great spring selling season. now we are selling into the winter. it all feels good. liz: that doesn't usually happen with this much muscle. are there any log jams, or our would-be buyers getting the credit they need to buy the homes? >> our...
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Dec 6, 2012
12/12
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if we go over the fiscal cliff, what is the impact to your business? >> well, there would be an impact on consumption, for sure. so when it comes to puma or mainstream brands in america in sports, there will be a for sure some consequences in terms of consumption. but i see that as an investment for the future. so it might be a little bit different from some of other ceos. we have to get over the fiscal cliff. let's not delay the thing. it needs efforts. let's make them short for a better future. i think we should be ready as a corporation, being ready for maybe a year of difficult market, difficult situation in the market because that is a ceiling on our growth in terms of economical growth as to be released. it's really me an investment for the future. >> you're seeing a similar situation in france where we're talking about the possibility of capital gains taxes and dividend taxes going much higher. what will that do to the investor class, to the entrepreneurialism that we're seeing? what is the impact? >> well, it's amazing impact. short-term wise,
if we go over the fiscal cliff, what is the impact to your business? >> well, there would be an impact on consumption, for sure. so when it comes to puma or mainstream brands in america in sports, there will be a for sure some consequences in terms of consumption. but i see that as an investment for the future. so it might be a little bit different from some of other ceos. we have to get over the fiscal cliff. let's not delay the thing. it needs efforts. let's make them short for a better...
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Dec 18, 2012
12/12
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i am not as boss mettic about the effects of the fiscal cliff. in fact, i could argue over the long term let's have the battle now. >> go over it. go over the cliff? >> let's go over it. you know, if i were a republican, i'd say, okay, i'm going to put my offer on the table. the best i can do. i think there's a lot of ways to deal with the people of 250 and below about their taxes. carve that out. take that off the table. it's no longer now a political issue. okay, mr. president, and by the way, my fervent wish is that this sitting president. >> does well. >> be the best president we've ever had in the history of the country because if he does, that all of us here, all of us all over america, will be a lot better off. we all win if he wins, so let's understand politics are over. the election is over. it's been decided. he's it. mr. president, i want you to be the very best that's ever sat in the white house, but we now have to come to the issue of when we deal with our structural problem, and we have a very serious structural problem. what is it?
i am not as boss mettic about the effects of the fiscal cliff. in fact, i could argue over the long term let's have the battle now. >> go over it. go over the cliff? >> let's go over it. you know, if i were a republican, i'd say, okay, i'm going to put my offer on the table. the best i can do. i think there's a lot of ways to deal with the people of 250 and below about their taxes. carve that out. take that off the table. it's no longer now a political issue. okay, mr. president,...
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Nov 8, 2012
11/12
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as we focus on the big issue of the fiscal cliff don't think businesses are thinking of what cuts they will have to make due to the health care law. we'll be watching. that will do it for us tonight.
as we focus on the big issue of the fiscal cliff don't think businesses are thinking of what cuts they will have to make due to the health care law. we'll be watching. that will do it for us tonight.
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Nov 12, 2012
11/12
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cheryl: are you likening the pending fiscal cliff, the doom to the volatility we had in 2011? at that time we were having the debt ceiling debate. the markets took a huge hit for that. you are saying we may be in for another one. >> that's right. if you looked at the chart data for july and august of 2011, as you recall, the bond rating, the deficit, the debt no real movement at all. our clients were very concerned with the volatility. then looking at the charts say from september 15 probably to november 15, seeing the same thing occurring. you saw how the markets reacted after the election. continued uncertainty despite the president's comments and john boehner's comments. cheryl: we're looking at what we've been seeing over the last couple of months and you are saying kind of be prepared for that. a lot of the guests have come on and said you know, there's problems with earnings, but also you can't ignore that spike to the down side after the election. what did you make of all of that last week? what did you read into that? >> well, i mean, heading into the election, there w
cheryl: are you likening the pending fiscal cliff, the doom to the volatility we had in 2011? at that time we were having the debt ceiling debate. the markets took a huge hit for that. you are saying we may be in for another one. >> that's right. if you looked at the chart data for july and august of 2011, as you recall, the bond rating, the deficit, the debt no real movement at all. our clients were very concerned with the volatility. then looking at the charts say from september 15...
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Dec 17, 2012
12/12
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. >> is there anything that worries you about the anticipation going into the fiscal cliff that puts a cramp in anything for 2013? we all know businesses have been hoarding cash. individuals are also hearing it a lot on the media. >> well, i think there's a lot of risk going into the new year, but i think if we put aside the noise of the fiscal cliff and focus on the fundamentals, it's getting better. earnings have been kind of flat so far this year, but looks like they'll be better next year. the international situation is getting calmer. the spreads have come down. i think as we go into the new year, there's plenty of things to worry about. but that's good. >> rex macy, how are you allocated capital? >> we're sticking with equities, maria. the idea of the fiscal cliff, it's a nice metaphor, but it's flawed. if we don't have a deal come december 31st, we don't wake up on january 1st in a recession. that's not the way it works. we're not worried about it overly. but we think we're going to get a deal and we think equities are going to do just fine. >> any specific areas that you want
. >> is there anything that worries you about the anticipation going into the fiscal cliff that puts a cramp in anything for 2013? we all know businesses have been hoarding cash. individuals are also hearing it a lot on the media. >> well, i think there's a lot of risk going into the new year, but i think if we put aside the noise of the fiscal cliff and focus on the fundamentals, it's getting better. earnings have been kind of flat so far this year, but looks like they'll be better...
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Dec 13, 2012
12/12
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boehner said spending was the issue preventing the deal on the fiscal cliff negotiations. right now, dow down 76 points. fox news reports former republican senator hagel emerged at the leading con tender to be president obama's pick to be secretary of defense, according to several democrats briefed on the process. the same sources say senator john kerry is talked up within the administration as a more likely nominee for secretary of state over susan rice, the current u.s. ambassador not united nations. a new study suggests this christmas travel season could be the busiest in six years. aaa predicts more than 93 million americans hitting the highways over the holidays, just 400,000 people shy of the record set in 2006. we continue our count down to the closing bell with the woman who likes her politics the same hi way likes her martinis, shaken, not stirred. liz: no, a mojito, light on the rum, adam. get it right. >> you look like a vodka woman to me, i don't know. liz: never. can't deal with that. a rough year for jcpenney, but things changing. the stock popped, but now th
boehner said spending was the issue preventing the deal on the fiscal cliff negotiations. right now, dow down 76 points. fox news reports former republican senator hagel emerged at the leading con tender to be president obama's pick to be secretary of defense, according to several democrats briefed on the process. the same sources say senator john kerry is talked up within the administration as a more likely nominee for secretary of state over susan rice, the current u.s. ambassador not united...
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Dec 10, 2012
12/12
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we've got a fiscal cliff meeting deal here sitting t 50% that we get a deal done. where would you put it at? >> i'm probably more optimistic about that. i'm probably more in the 60/40 range. the speaker's a good negotiator. i think honestly from position of strength on a lot of these things. i think the president takes his job seriously too. going over the fiscal cliff is not good for anyone. it bothers me sometimes if i hear people on both the left and the right entertain this is something that might be good politics. may be good politics for somebody, but it's bad economics for the american economy and more important for people looking for a job and people trying to hold on to a job. >> last question. i want to go back to the premise that you and other republican members of the house would be willing to allow that top tier tax rate to go higher. you know, speaker boehner's argument all this time is that it doesn't effect just those top-earning americans, but it also effects the small business owners in this country. the job creators in this country. >> the speake
we've got a fiscal cliff meeting deal here sitting t 50% that we get a deal done. where would you put it at? >> i'm probably more optimistic about that. i'm probably more in the 60/40 range. the speaker's a good negotiator. i think honestly from position of strength on a lot of these things. i think the president takes his job seriously too. going over the fiscal cliff is not good for anyone. it bothers me sometimes if i hear people on both the left and the right entertain this is...
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Nov 7, 2012
11/12
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this is business as usual. the market is now focusing on the fiscal cliff. the consequences of not figuring something out are so dire that the government, in spite of themselves, is going to figure something out. we think in terms of taxes, don't think anything draconian is going to happen. we think capital gains and dividend tax might go up to 20%, 25% at the highest. we just don't think it would with fly and wouldn't make sense. we would not be making any radical changes in the portfolio short of having, if you repositioned your portfolio for a romney victory. obviously, then, you want to undo some positions. >> just to state the facts, meg. you are dealing with, you know, high income clients at jpmorgan private bank. you're hearing concerns from them. 20 to 25% in dividends. the facts are if these guys do nothing about the fiscal cliff, dividend taxes could go to 43%. that's a huge difference from 15%. do you believe it could be 20 to 25%? what's your take? >> clients are certainly concerned about this. they're asking a lot of questions about the dividend
this is business as usual. the market is now focusing on the fiscal cliff. the consequences of not figuring something out are so dire that the government, in spite of themselves, is going to figure something out. we think in terms of taxes, don't think anything draconian is going to happen. we think capital gains and dividend tax might go up to 20%, 25% at the highest. we just don't think it would with fly and wouldn't make sense. we would not be making any radical changes in the portfolio...
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Dec 4, 2012
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is this a reaction to the fiscal cliff? >> well, we started reducing our municipal debt a couple years ago when the recession was on and state governments were having a hard time. we just had too much. we had about $26 billion. now we're down to 13. i feel good at where we're at. we reduced it for four reasons. if you're loaning somebody money, right, you want to make sure they got income to pay you. you want to make sure they got decent balance sheet. you got to like the management team. you got to like governance. in many of these states, we didn't like all four of them. we thought they didn't have any money, weren't generating enough tax rev news, their governance was terrible. so we said, you know, we're just going to get smaller. >> hurricane sandy, big hit? >> $1.75 billion. about a quarter worth of earnings for us. i toured the damage yesterday. all the devastation you'd expect. i saw all the places. the interesting thing was what you don't see in those tapes are the american resilience. people pick themselves up and
is this a reaction to the fiscal cliff? >> well, we started reducing our municipal debt a couple years ago when the recession was on and state governments were having a hard time. we just had too much. we had about $26 billion. now we're down to 13. i feel good at where we're at. we reduced it for four reasons. if you're loaning somebody money, right, you want to make sure they got income to pay you. you want to make sure they got decent balance sheet. you got to like the management team....
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Dec 21, 2012
12/12
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fox means business. >> i am adam shapiro, on wall street continues with concern over the fiscal cliff, taking a toll on markets. and one hundred five points was the fiscal cliff is not the only pressing issue, there's concern, and a farm bill by the end of the year billions of dollars in agriculture programs hang in the mix including one in which the government sets a minimum price for milk to cover production costs for dairy farmers. the securities and exchange commission charged four industry professionals with conducting a fraudulent penny-stock scene better and then $17 million in the sec alleges danny garber, michael mann, kenneth yellen and jordan feinstein misrepresented their intentions and dealings with penny-stock companies. those who live in new york and new jersey. we continue count down with the woman who is a young child is rumored to have said if you look good we look good. liz claman. liz: one of the first vidal sassoons -- that is right. he was a real entrepreneur. online travel socks underperforming ahead of the holidays. what does that mean? nicole: let's take a loo
fox means business. >> i am adam shapiro, on wall street continues with concern over the fiscal cliff, taking a toll on markets. and one hundred five points was the fiscal cliff is not the only pressing issue, there's concern, and a farm bill by the end of the year billions of dollars in agriculture programs hang in the mix including one in which the government sets a minimum price for milk to cover production costs for dairy farmers. the securities and exchange commission charged four...
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Dec 28, 2012
12/12
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leaders to brief them on fiscal cliff developments. i'm told that the president himself will not be on that conference call, but that the ceos will get the latest on what's going on with the fiscal cliff, and you can imagine that that is part of an overall effort here by the white house to sort of win hearts and minds in the business community. they really, really want the business community out there on their side pushing capitol hill to get a deal done, so that's what that meeting is going to be all about at 5:30 >> i hope somebody has a cup of hot tea for you there, my friend. rest your voice. >> reporter: will do. >> i know you'll be with us a little further down the road. meantime, as all of this is developing and the meeting in the white house has broken up, the futures markets, and admittedly they are going to be very thinly traded right now, but they continue to move sharply lower, down another 1.7% from the close, now we're at the 12,770 level on the dow jones futures right now. >> that's the march contract. >> so this is not
leaders to brief them on fiscal cliff developments. i'm told that the president himself will not be on that conference call, but that the ceos will get the latest on what's going on with the fiscal cliff, and you can imagine that that is part of an overall effort here by the white house to sort of win hearts and minds in the business community. they really, really want the business community out there on their side pushing capitol hill to get a deal done, so that's what that meeting is going to...
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Dec 21, 2012
12/12
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the problem, though, is that the economy sill is vulnerable to the fiscal cliff. tax rates are going to jump significantly on january 1st if nothing is done quickly and that would cause, we think if it lasted, a contraction in the first quarter. >> so contraction in the first quarter. are you speccing a recession? >> we are not. we still think some deal will be reached in the next couple of weeks. and that scenario we think is going to grow 1.5% to 2 the% in the next year. but the risk of no deal is obviously rising. we still think hal happen, though. rick santelli, what r saying there in chicago? the market was down, but the volume was up big. >> maria, like i think the first guest, i would rather impressed by the fact that we're down 119 and we're done much more in the wee hours of the morning after that vote failed and the i was as shock as all of guests were. next year, it's going to be the same. no matter how this fiscal cliff gets resolved, we would be job challenged. and i continue to think a bright spot is going to be energy. i think energy is an industry
the problem, though, is that the economy sill is vulnerable to the fiscal cliff. tax rates are going to jump significantly on january 1st if nothing is done quickly and that would cause, we think if it lasted, a contraction in the first quarter. >> so contraction in the first quarter. are you speccing a recession? >> we are not. we still think some deal will be reached in the next couple of weeks. and that scenario we think is going to grow 1.5% to 2 the% in the next year. but the...
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Dec 10, 2012
12/12
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investors continue to focus their attention on washington and the fiscal cliff negotiations. right now the dow was up 34 points. the justice department antitrust division is a record amount of criminal fines this year handing out more than $1.1 billion in penalties. the doj confirmed the ddta provided exclusively to fox business. the jerseys can industry suffered the biggest drop thanks to superstar sandy. atlantic city's casino revenue slipped nearly 28%. each of the city's 12 casinos reported declines with for down for a month. we continue our "countdown to the closing bell" with liz claman. liz: the fiscal cliff talk is everywhere, always good to be hearing about lately, but is there really something else that can be bubbling under the surface that could send the market into a tailspin that we should be talking about now? join me in a fox business exclusive, 2003 nobel laureate in economics and nyse will institute director. he has a whole institute for volatility. spotting risk. we thought let's bring you in and talk about noo the fiscal cliff of the three hidden risks peo
investors continue to focus their attention on washington and the fiscal cliff negotiations. right now the dow was up 34 points. the justice department antitrust division is a record amount of criminal fines this year handing out more than $1.1 billion in penalties. the doj confirmed the ddta provided exclusively to fox business. the jerseys can industry suffered the biggest drop thanks to superstar sandy. atlantic city's casino revenue slipped nearly 28%. each of the city's 12 casinos reported...
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Nov 27, 2012
11/12
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we'll talk fiscal cliff defense on the other side of the break after this. you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combination of speed, small size, and low-cost printing. make sure the news keeps coming with thinkorswim by td ameritrade. use the news links breaking stories with possible breakout stocks, options with potential opportunity, futures and forex with in-depth analysis. it's an all-you-can-eat buffet for all things trading. thinkorswim by td ameritrade. it doesn't just
we'll talk fiscal cliff defense on the other side of the break after this. you are a business pro. monarch of marketing analysis. with the ability to improve roi through seo all by cob. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. i'm going b-i-g. [ male announcer ] good choice business pro. good choice. go national. go like a pro. or that printing in color had to...
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Oct 26, 2012
10/12
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and above all, we cannot go over the fiscal cliff. the cuts and tax reform must be thought out and effective. not blunt and damaging. but isn't the it interesting that it's business that is pressing congress to act? they say it is urgent to put a plan in place to cut america's debt load. in the here and know, the uncertainty about tax rates and government contracts is throwing a monkey wrench in their budget plans for 2013. in the long term, these leaders of business all know that a trillion dollar annual deficit piled on to an already unimaginable debt is simply not sustainable. this group reflect and responds to the economy. businesses create jobs but they will not commit to adding heads to the payroll in the face of so many questions out there. in fact, if congress fails to act and reach an agreement by year end, automatic spending cuts will go into effect. and taxes will rise for 90% of americans. in all income brackets, including corporations and investors who are watching and worrying about taxes on dividends. many expect it wil
and above all, we cannot go over the fiscal cliff. the cuts and tax reform must be thought out and effective. not blunt and damaging. but isn't the it interesting that it's business that is pressing congress to act? they say it is urgent to put a plan in place to cut america's debt load. in the here and know, the uncertainty about tax rates and government contracts is throwing a monkey wrench in their budget plans for 2013. in the long term, these leaders of business all know that a trillion...
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Nov 6, 2012
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that might be why we're about to go over the fiscal cliff. incentives. this might be a lot like the t.a.r.p. vote. they need to see a market reaction. they need to see the business community reaction. >> i know what you're saying, maria, but ei think the reality is that right now i'm trying to game out if obama wins. what is the republican incentive to compromise? same is true with the democrats. either the rules of the game change, and there's a lot of talk about what would change that, in other words redistricting the whole united states so these guys don't have such safe seats and they're not able to be so one sided. >> you know what i don't understand? this is all on these guys' watches. last year we talked about the deadline for the fiscal cliff. they knew what was coming. you would think six months ago they said to themselves, okay, in six months we have to make a decision. let's have a plan "b." tlt there's no back-up plan. >> wait until after the election and see what's. that's plan "b." >> all right, guys. thank you. we'll keep covering it all n
that might be why we're about to go over the fiscal cliff. incentives. this might be a lot like the t.a.r.p. vote. they need to see a market reaction. they need to see the business community reaction. >> i know what you're saying, maria, but ei think the reality is that right now i'm trying to game out if obama wins. what is the republican incentive to compromise? same is true with the democrats. either the rules of the game change, and there's a lot of talk about what would change that,...
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Nov 29, 2012
11/12
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in his state and what happens if we go over the fiscal cliff. how he is faring. do not miss that interview tomorrow on "countdown to the closing bell." we will be right back. ♪ now you don'have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into ur fidelity account. open a fidely cash management account today and discover another reason serious investors are choosing fidelity. look this isn't my first christmas. these deals all seem great at thtime... but later, not so much. this isn't that kind of deal. [ male announcer ] break from the holiday stress. save on ground shipping atedex office. liz: on this wild and crazy day, let's get to sandra smith. sandra: i want to point out the fact that we are back above some major levels. s&p above 1400. each of the major averages rising above their 200 day moving day averages. a couple stoc
in his state and what happens if we go over the fiscal cliff. how he is faring. do not miss that interview tomorrow on "countdown to the closing bell." we will be right back. ♪ now you don'have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into ur fidelity account....
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Dec 5, 2012
12/12
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as the markets remain focused on the fiscal cliff, what else should we be watching ahead of tomorrow's market trading. we have 30 seconds on the clock for each of our next guests. joining me now is stephanie link from the street. chris from huntington funds. good to see you both. stephanie, kick us off. 30 seconds on the clock. what do you want to see tomorrow? >> interest rate decisions from the ecb as well as bank of england. commentary from mario draghi will be very important about the state of affairs in europe. there's an analyst meeting tomorrow. a lot of this is tied to stronger revenue growth. and there's an analyst meeting tomorrow on hombres. i like both stocks. >> thanks a lot, stephanie. chris, what are you looking for. 30 seconds on the clock. what do you want to look at to move our money? >> the major impact is looking at the fiscal cliff. any compromise close to that is going to give the market some upward swing. the gop is under extreme pressure since president obama is definitely going to be seeing a wealthy tax added to it. on the economic news, little light tomorrow
as the markets remain focused on the fiscal cliff, what else should we be watching ahead of tomorrow's market trading. we have 30 seconds on the clock for each of our next guests. joining me now is stephanie link from the street. chris from huntington funds. good to see you both. stephanie, kick us off. 30 seconds on the clock. what do you want to see tomorrow? >> interest rate decisions from the ecb as well as bank of england. commentary from mario draghi will be very important about the...
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Nov 14, 2012
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leaders meeting with the president and when his impressions are that a deal on the looming fiscal cliff can get done. >>> plus, tax hike negotiator. the president wants $1.6 trillion with a "t" more in taxes. is this a negotiating ploy? how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current crisis of confidence in the stock market. could a deal on the looming fiscal cliff be just the shot in the arm sagging equities need? that and a whole lot more is ahead on the "closing bell." >>> all right. we want to show you a live picture of the white house. we are waiting for the ceos to start tricking out of the white house. they are in a meeting right now with president obama talking about the fiscal cliff, talking about ways to get the deficit and debt situation in this country in order. as soon as those ceos start coming out, they include the ceo of honeywell, ibm, a number of ceos in industrial businesses. of course, the
leaders meeting with the president and when his impressions are that a deal on the looming fiscal cliff can get done. >>> plus, tax hike negotiator. the president wants $1.6 trillion with a "t" more in taxes. is this a negotiating ploy? how will it affect the upcoming talks with john boehner? two top-tier negotiators give their insight into how the meeting could unfold. >>> and trading places. charles schwab ceo talks exclues i havely to maria about the current...
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Dec 20, 2012
12/12
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it's the people in the middle struggling for the right business model. >> you have a juicy dividend, 4.3%, but we have to let people know taxed at a regular income rate so if something happened in the fiscal cliff discussions, you're already taxed at 35%. >> exactly right making these dividends look better as ordinary taxes go up. >> absolutely. important point, folks, and bet ere than your savings account or treasury yield. 4.3%. what's not to love? good to see you. >> thank you, liz. liz: happy holidays. >> thank you. liz: closing bell ringing in 28 minutes. if you're trying to figure out who the winners in retail for the holiday season are, and, yeah, losers, too, you may need an edge, maybe somebody doing the leg work for you. don't lift a peter. wedon't lift a finger, we have peter to do that, and he'll tell you what's hot and not. his fund beat the s&p500 by the wide margin, year after year, coming up next. ♪ girl: don't look at me. second girl: your hair's a bit frizzy today. aw! ha ha! you should pick that up. announcer: every day, kids witness bullying. poor you. ha ha! th
it's the people in the middle struggling for the right business model. >> you have a juicy dividend, 4.3%, but we have to let people know taxed at a regular income rate so if something happened in the fiscal cliff discussions, you're already taxed at 35%. >> exactly right making these dividends look better as ordinary taxes go up. >> absolutely. important point, folks, and bet ere than your savings account or treasury yield. 4.3%. what's not to love? good to see you. >>...
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Nov 15, 2012
11/12
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you've said if we go over the fiscal cliff, you're going to lay people off. you're going to have to lay people off. so what exactly are your plans if we go over the fiscal cliff? >> we have contingency plans in all of our operating plants that we operate with that say here's what we will do if these things happen. now, our intention is not to do that. but we are prepared to react to the market if we need to. and so those are part of our operating plans every year we do them. based on what we think the macroeconomic environment is going to do. >> so you were at that meeting at the white house this week. you joined a number of ceos at the white house yesterday. did the president give you hope that layoffs can be avoided at aetna? how was that meeting? >> i thought the meeting was a very constructive, very frank and open dialogue. i was impressed with the level and the grasp of the issues that the president had and his willingness to listen to american business about the ways that we needed to solve this problem. i think there is is a path to get this done. it's
you've said if we go over the fiscal cliff, you're going to lay people off. you're going to have to lay people off. so what exactly are your plans if we go over the fiscal cliff? >> we have contingency plans in all of our operating plants that we operate with that say here's what we will do if these things happen. now, our intention is not to do that. but we are prepared to react to the market if we need to. and so those are part of our operating plans every year we do them. based on what...
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Nov 28, 2012
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cliff. that's where it really starts to get interesting. >> i agree. i dweguess the market would ral so much before it even got to the details. >> that's the irony. it really would. >> it's all about sentiment. it's about two sides acting like adults saying, let's do this together. it's what the people want. >> i'm in. let's leave it there, guys. all right, gentlemen. thank you so much for weighing in. >> all right. let's get a quick round up of today's winners and losers now. kayla has been busy over the last hour. she joins us to wrap up the action. >> scott, i'm wearing my sneakers today, running between desks. you saw the markets as they ended on the highs of the day after that positive wall stre j. of course, following the bullish comments from president obama. not all stocks ended the day in the green. let's look at the laggards on the s&p. you have a lot of names that aren't really a surprise to be there. avon, r.r. donnelly. those are your top five losers on the s&p. it you look at t
cliff. that's where it really starts to get interesting. >> i agree. i dweguess the market would ral so much before it even got to the details. >> that's the irony. it really would. >> it's all about sentiment. it's about two sides acting like adults saying, let's do this together. it's what the people want. >> i'm in. let's leave it there, guys. all right, gentlemen. thank you so much for weighing in. >> all right. let's get a quick round up of today's winners and...
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Dec 18, 2012
12/12
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what we're looking at, the potential that we could go over the fiscal cliff and jump quickly into a global recession, double the reception -- recession. liz: would you say 11 plus%. >> absolutely. liz: now, let me just explain what you do. you deal with a lot of ceos, get them in discussions and conversations to find out what it is they need to flourish in this city, state. >> number one is to, for washington to get its act together, come to a bipartisan resolution of our huge debt situation. accumulating debt at the rate of $3 billion a day. at this rate we are going to drive this nation into the ground, and we are going to create a horrible economic future. liz: you are part of the fix the debt campaign. many ceos on this fix the debt campaign group. so many of them here in new york as well, but what would you say if i said to you that the solution may, perhaps be that higher income folks will have their taxes hiked disproportionately depending on how you look at it? and you say that in the tristate area to offer those of you that don't know that tall window, it would really be hurt beca
what we're looking at, the potential that we could go over the fiscal cliff and jump quickly into a global recession, double the reception -- recession. liz: would you say 11 plus%. >> absolutely. liz: now, let me just explain what you do. you deal with a lot of ceos, get them in discussions and conversations to find out what it is they need to flourish in this city, state. >> number one is to, for washington to get its act together, come to a bipartisan resolution of our huge debt...
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Dec 27, 2012
12/12
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cliff crisis. >> i'm annoyed. i'm annoyed with the fiscal cliff. we're looking at not knowing what's going to happen. we fall off this cliff, an everyone gets affected. there's no trickle-down effect. it's more like a slush. we'll lose income. the question is how much income are we going to lose? if we fall off the cliff, the fear is that we fall off the cliff, not slowly glide down the cliffch the government at this point needs to understand that we should be able to trust you to do the right thing, put politics aside and think about us, the people that's why we have government. fix it. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ]
cliff crisis. >> i'm annoyed. i'm annoyed with the fiscal cliff. we're looking at not knowing what's going to happen. we fall off this cliff, an everyone gets affected. there's no trickle-down effect. it's more like a slush. we'll lose income. the question is how much income are we going to lose? if we fall off the cliff, the fear is that we fall off the cliff, not slowly glide down the cliffch the government at this point needs to understand that we should be able to trust you to do the...